Full-Time Client Accountant

Job Description

Responsibilities (how we will measure success)

• Day to day responsibility for the management of designated Private Equity or Real Estate Clients
• Review quarterly and annual financial statements and reports
• Work closely with your line Manager and Technical & Training Team to ensure financial statements meet the Funds’ reporting requirements, eg UK GAAP or IFRS
• Review investor drawdown calculations to ensure accuracy of figures as Funds seek access to their commitments from investors
• Review investor distribution calculations to ensure the flow of funds from the sale of an investment are accurately recorded so that proceeds are appropriately allocated and paid to investors
• Ensure the accurate communication of all cash movements between the Fund and its Investors through the issuance of relevant notices to investors
• Oversee the preparation and completion process of Client deliverables including agreeing timetables with Clients, and thereafter monitoring progress against these to ensure deliverables are on track
• Conduct regular Client calls with CFO or Financial controller to ensure open and effective communication at all times.

Tasks (what does the role do on a day-to-day basis)

• Responsible for mentoring and supporting other staff as an expert on designated clients and funds
• Gain a good understanding of the accounting framework for each designated client (as prescribed in the Fund’s legal documentation, the LPA) and ensure the movement of funds and transactions are treated in accordance with this framework
• Contribute ideas to improve processes to either gain efficiencies or reduce risk.

Qualifications

Required Experience

• Higher level education, IATI qualification or equivalent
• ACCA/ ACA/CIMA qualified, Qualified by Experience or equivalent
• 3+ years’ experience working in a professional office environment.  Ideally working in financial services or accounting practice working on multiple client relationships
• Ideally has experience reviewing working paper files and Financial Statements, including disclosures or alternatively can demonstrate strong accounting background through previous experience and CPD
• Management of client relationships and experience with resolving issues directly with clients
• Experience in supporting and mentoring less experienced team members
• Intermediate Excel skills.